Tribunals · Three Rivers District Council · 2023 rating list

GND FLR BUILDING 2, MARLINS MEADOW, CROXLEY CENTRE, HATTERS LANE, HATTERS LANE, WD18 8YA

Offices and premises Decided 14 February 2025 CHG101228130 Altus Group - Oakland - Manchester

OutcomeMixed

Original RV£630,000£270/m²

Ratepayer sought£540,000

VO conceded first£585,000−7% before the hearing

Tribunal decided£585,000£285/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 4 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

Four consolidated appeals concerning office properties at Croxley Green Business Park and Marlins Meadow. The appellants argued for lower price per square metre valuations, citing Covid-19 impacts on the office sector and comparable evidence from other locations. The tribunal accepted rental evidence from Croxley Green was most relevant but rejected the appellants' argument for across-the-board reductions. The appeal for Ground Floor Building 7 was dismissed (maintaining VO's £270/m²). The other three appeals were allowed in part with modest reductions: Building 3 reduced from £300/m² to £285/m², Unit 6 from £310/m² to £300/m², and Building 2 from £320/m² to £300/m².

Summary generated from the decision text and checked against it. The appellant was De Lage Landen Leasing Limited, represented.